자영업자 대환대출 신청방법We support the program and will accept applications starting March 13th through expansion of support targets and limits.
Expands the scope of support for low-interest refinancing loans for current small business owners to individual business owners (self-employed people), corporations, and small businesses.
Even small business owners can apply.
The main point is that loans received from commercial banks and secondary financial institutions have a high interest rate of 7% or more.
Starting March 13, you can apply at a commercial bank to change to a low-interest loan, and the interest rate is up to 5.5% for up to 2 years, and from the 3rd year, 2%p on the 1-year bank bond interest rate.
The added interest rate becomes the loan interest rate cap and is applied differentially according to individual credit ratings.
In self-employed individuals and small corporations that have been confirmed to be damaged by COVID-19,
It is expanded to all individual businesses or corporate small businesses. Did not receive disaster relief funds such as loss compensation due to COVID-19 damage
Even if you have never applied for maturity extension or repayment deferment, you can apply for the repayment program. The limit is from 50 million won to 100 million won for individual businesses;
For small corporations, the amount will be doubled from 100 million won to 200 million won.
Due to the expansion of the limit, the repayment schedule has changed from the previous 2-year grace period to 3-year installment repayment (maturity 5 years).
It will be changed to a 3-year grace period and 7-year installment repayment (maturity 10 years). The warranty burden was also lowered. The guarantee fee can be paid in installments over 10 years.
The guarantee fee rate was lowered by 0.3 percentage points from 1% to 0.7% per year. If the guarantee fee is paid in full at the time of first repayment, a 15% discount is given on the total amount paid. The application deadline will also be extended from the end of 2023 to the end of 2024.
However, loans eligible for support are limited to business loans received before the end of May 22.
Gambling and speculative industries, real estate rental and sales, finance, legal affairs, accounting, taxation, etc.
Small businesses excluded from policy funds Industries excluded from support
Low interest rate conversion application acceptance and period is from March 13th to December 24th.
This can be done through a commercial bank or the Credit Guarantee Fund website.
View low-interest refinancing programs for self-employed and small business owners
For further details, consultation is possible through the organizations below.
230309 (Press release) Implementation of low-interest refinancing program reform.pdf
0.30MB
230309 (Press release) Implementation of low-interest refinancing program reform.hwp
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✅ Check support eligibility
✅ Notices and forms
✅ How to apply
✅ Go directly to application
✅ Frequently Asked Questions
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